find the simple interest when principal=Rs-2000 rate of interest = 5% per annual and TIME= 5years
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Explanation-:
- Principal = Rs.2000
- Rate = 5 %
- Time = 5 years
- The Simple Interest or SI .
- We have to find the Simple Interest or SI when Principal, Rate and Time is Given .
- For this we have to put the known Values in the Formula For Simple interest or SI ,
- From this, We can get the SI or Simple Interest.
As , We know that ,
- Here ,
- Principal = Rs.2000
- Rate = 5 %
- Time = 5 years
Now , By Putting known Values in Formula for Simple interest-:
Hence ,
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